Explain the Difference between a Positive and Negative Delta ▴ Learn

Explain the Difference between a Positive and Negative Delta.

A positive Delta (0 to 1) is associated with long positions in call options and short positions in put options. It means the option's value moves in the same direction as the underlying asset.

A negative Delta (-1 to 0) is associated with long positions in put options and short positions in call options. It means the option's value moves in the opposite direction to the underlying asset.

Explain the Practical Implication of a Call Delta of +0.85 versus a Put Delta of -0.85

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